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| | | Home equity retirement funder Household Capital has secured $300 million in financing from IFM Investors and Citi. The securitisation debt facility will allow Household Capital to meet what it has identified as an increasing demand from retired Australian ... |
| | | | Hejaz Financial Services made three senior appointments in a bid to become Australia's first licensed Islamic bank. Michael Trist assumed the general manager of sales and distribution; Andrew Oey is the new head of lending, while Samrah Sahi took ... |
| | | | ... Institute has suggested that allowing home buyers to dip into their superannuation for a deposit could ignite a further house price boom. The report, Mortgaging Our Future, used modelling to project the effect on the housing market should Australians ... |
| | | | ... domiciled, it said. Founded over 100 years ago, LGT Group was originally The Liechtenstein Global Trust, owned by the princely House of Liechtenstein through the Prince of Liechtenstein Foundation. It has about $400 billion in assets that it manages ... |
| | | | With the percentage of assets managed in-house at Cbus heading towards 40%, the super fund has made a raft of appointments in support and announced the retirement of its head of private markets. Cbus chief investment officer Kristian Fok announced the ... |
| | | | AMP Capital has had two multi-sector funds downgraded from neutral to negative by Morningstar, with the research house citing staff turnover as the reason for the downgrades. The AMP Capital Core Retirement Fund and AMP Capital Multi-Asset fund were ... |
| | | | Industry Super Australia has unveiled its latest advertising campaign, encouraging Australians to join one of its 13 member funds. The industry group has launched the 'I'm with one' campaign will run on metro, regional and subscription television ... |
| | | | The integration of IOOF's legacy superannuation and investments platform has now finalised. Proprietary platform Evolve currently houses more than 55,000 clients and $17.5 billion in funds under management. In total, Evolve has about 275,000 adviser ... |
| | | | ... average recipient of a gift was about 20 years of age, at the beginning of their career, yet to start a family or purchase a house, and received about $8000 (again, the median was much lower, at about $1000)," the report read. Commissioner Catherine ... |
| | | | ... global overseas roles over 14 years it was a travesty to learn that Muslims back home are excluded from being able to buy a house due to the lack of authentic Islamic options that avoid the paying of interest, which is forbidden in Islam," he said. "According ... |
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